2, KNIGHTWOOD CLOSE, REIGATE, RH2 8BE - £430,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 KNIGHTWOOD CLOSE is a small detached house of 119m², built sometime between 1967 and 1975. It was last sold for £430,000 in May 2007, which was around 13% below the average May 2007 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was B.

2 KNIGHTWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 KNIGHTWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 2 KNIGHTWOOD CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 4 MAY	£430,000	£495,611	13% below HPI
1998 26 AUG	£211,300	£219,675	4% below HPI

2 KNIGHTWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 2 KNIGHTWOOD CLOSE sales from August 1998 and May 2007 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2007 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 KNIGHTWOOD CLOSE be worth now?

2 KNIGHTWOOD CLOSE might now be worth an estimated £782,924.

This is based on house price inflation of 82.1%, between May 2007 and December 2024, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.1% inflationary increase is applied to the most recent sale price for 2 KNIGHTWOOD CLOSE of £430,000 on 4th May 2007. For the value to have increased from £430,000 to £782,924 over the sixteen years and five months to December 2024, the following assumptions must hold true:

• The value of 2 KNIGHTWOOD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2007 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 2 KNIGHTWOOD CLOSE has not materially changed since May 2007.

How Large is 2 KNIGHTWOOD CLOSE?

2 KNIGHTWOOD CLOSE is 119m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 2 KNIGHTWOOD CLOSE lies on this distribution: 21% of detached houses houses are smaller than 2 KNIGHTWOOD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Reigate.

2 KNIGHTWOOD CLOSE: Plot and Title Map

2 KNIGHTWOOD CLOSE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 2 KNIGHTWOOD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 KNIGHTWOOD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 KNIGHTWOOD CLOSE?

2 KNIGHTWOOD CLOSE is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 2 on KNIGHTWOOD CLOSE.